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Regulatory Matters
 12 Months Ended
Dec. 31, 2011
Regulatory Matters [Abstract]  
Regulatory Matters

Note 18. Regulatory Matters

The Company (on a consolidated basis) and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company's and the Bank's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Prompt corrective action provisions are not applicable to bank holding companies.

Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios (set forth in the following table) of total (as defined in the regulations) and Tier 1 capital (as defined) to risk-weighted assets (as defined), and of Tier 1 capital to average assets. Management believes, as of December 31, 2011 and 2010, that the Company and the Bank met all capital adequacy requirements to which they are subject.

As of December 31, 2011, the most recent notification from the Federal Reserve Bank categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since that notification that management believes have changed the Bank's category.

 

The Company's and the Bank's actual capital amounts and ratios are also presented in the following table.

 

                  (amounts in thousands)     Minimum To Be
Well Capitalized
Under Prompt		  
     Actual     Minimum  Capital
Requirement		     Corrective Action
Provisions		  
     Amount      Ratio     Amount      Ratio     Amount      Ratio  

December 31, 2011:

                

Total Capital (to Risk Weighted Assets):

                

Company

    $ 50,359         12.51 %    $ 32,192         8.00 %      N/A         N/A   

Bank

    $ 49,761         12.38 %    $ 32,154         8.00 %    $ 40,193         10.00 % 

Tier 1 Capital (to Risk Weighted Assets):

                

Company

    $ 45,231         11.24 %    $ 16,096         4.00 %      N/A         N/A   

Bank

    $ 44,639         11.11 %    $ 16,077         4.00 %    $ 24,116         6.00 % 

Tier 1 Capital (to Average Assets):

                

Company

    $ 45,231         8.45 %    $ 21,408         4.00 %      N/A         N/A   

Bank

    $ 44,639         8.30 %    $ 21,517         4.00 %    $ 26,896         5.00 % 

December 31, 2010:

                

Total Capital (to Risk Weighted Assets):

                

Company

    $ 63,163         14.18 %    $ 35,624         8.00 %      N/A         N/A   

Bank

    $ 62,550         14.06 %    $ 35,584         8.00 %    $ 44,480         10.00 % 

Tier 1 Capital (to Risk Weighted Assets):

                

Company

    $ 57,467         12.91 %    $ 17,812         4.00 %      N/A         N/A   

Bank

    $ 56,861         12.78 %    $ 17,792         4.00 %    $ 26,688         6.00 % 

Tier 1 Capital (to Average Assets):

                

Company

    $ 57,467         10.54 %    $ 21,810         4.00 %      N/A         N/A   

Bank

    $ 56,861         10.40 %    $ 21,859         4.00 %    $ 27,324         5.00 %